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Bluzelle / TetherUS

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BLZUSDT trade ideas

BLZ - At Bottom Support. Potential for 45%+ Gains!BLZ saw a steep decline the last few days and we're now sitting at it's historic bottom level. This tends to be a pretty no-brain entry point as we can set a tight SL below previous lows in-case things go totally down hill. But generally these areas will have VERY thick buy support as everyone has seen this is the bottom. RSI tells us we're massively oversold and ripe for a reversal. TP's are marked on chart. As stated set your SL below the bottom zone in case things go totally tits up. -- I'm a guy that you don't know posting his ideas on the internet for the sake of improving as a human being. If you take this as financial advice, that's on you. If you like my analysis, then leave a like and feel free to follow for more free content. Feedback, criticism and crude humor are welcome :)
Long
by cryptosince1963
2
BLZ - The Blue Bull Heading to the Green Fields?BLZ is the coin of Bluzelle, a decentralized database that allows dapp (decentralized application) developers the ability to store data directly on the blockchain. They have a wallet and PoS features like pretty much everyone in the crypto world. On the chart we are seeing a consolidation triangle that has formed since a steep mid September drop. This triangle appears quite bullish, with a steep incline of higher lows. Current price looks to be right at the bottom of the triangle. MACD is in a good position for growth with the potential of a bear cross short term forming, which would bring us to test the bottom of the triangle. RSI is in a freefall but about to hit the bounce point recently. Volume has been dropping on sells and rising on buys, implying bullish bias. OVERALL Either play it risky by buyin in now with a tightish SL, under the triangle, OR wait for a retest and breakout of the upper resistance level. Potential for big gains on a breakout. Dotted line in TP for risk taker, dashed is for the breakout buyers. -- "The man who never alters his opinions is like standing water, and breeds reptiles of the mind." -William Blake -- I'm a guy that you don't know posting his ideas on the internet for the sake of improving as a human being. If you take this as financial advice, that's on you. If you like my analysis, then leave a like and feel free to follow for more free content. Feedback, criticism and crude humor are welcome :)
Long
by cryptosince1963
BLZUSDT AnalysisPeople who bought BLZ on the last week of September, enjoy your 12% PROFIT that you made less than 2 weeks! As of now, since there are no sell signals, you don't need to sell it. But, the candle is on the resistance level at the moment, so if you'd like to take some profit, you can sell. If you haven't bought BLZ yet, and if you want to buy, there are 2 BUY signals are present at the moment and risk-reward ratio is higher than 2, so if you want, you can buy right now. After you buy, please watch out for EngineeringRobo's sell signals and consider selling it.
by EngineeringRobo
1
BLZUSDT ANALYSISIt is too early to talk this coin we will interpret this coin in the near term Until the that time new support lvl is $ 0,14292 at the moment the coin goes above the horizontal line(support line) If you want to buy this coin it is ok to buy now.Try to cath other EngineeringRobo' s buy signal. Unfortunately, EngineeringRobo gave Sell 1 & Sell 2 and Sell 3 to Bitcoin, I am not strongly recommending to buy any altcoins at the moment If you want to use EngineeringRobo please dm me.
by hollyphoenix
1